Short Interest in DSV (OTCMKTS:DSDVY) Rises By 46.8%

DSV (OTCMKTS:DSDVY) saw a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 20,250 shares, an increase of 46.8% from the January 15th total of 13,790 shares. Based on an average daily volume of 78,469 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 78,469 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Citigroup reissued a “neutral” rating on shares of DSV in a research note on Friday, February 6th. Zacks Research raised DSV from a “strong sell” rating to a “hold” rating in a research note on Monday, October 20th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of DSV in a research report on Thursday, January 15th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of DSV in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

DSV Price Performance

Shares of DSDVY traded down $1.59 during mid-day trading on Monday, reaching $132.56. The company had a trading volume of 426,066 shares, compared to its average volume of 80,765. The company’s 50-day moving average is $133.32 and its 200-day moving average is $117.39. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.98 and a quick ratio of 0.95. DSV has a twelve month low of $77.78 and a twelve month high of $151.98. The company has a market capitalization of $63.75 billion, a P/E ratio of 45.09, a P/E/G ratio of 0.98 and a beta of 1.31.

About DSV

DSV A/S (OTCMKTS:DSDVY) is a Danish global transport and logistics company that provides end-to-end supply chain solutions to businesses across a wide range of industries. The firm’s core services include road transport, air freight, ocean freight, freight forwarding, contract logistics and warehousing, together with customs clearance, distribution and value‑added services designed to support complex international supply chains.

Founded in the mid-1970s in Denmark, DSV has grown through a mix of organic expansion and strategic acquisitions, notably strengthening its global freight and forwarding capabilities through transactions such as the acquisitions of UTi Worldwide and Panalpina.